Redeem raises $2.5 million to transfer NFTs over text message

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Redeem raises $2.5 million to transfer NFTs over text message
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Connectivity layer Redeem raised $2.5 million from investors including Kenetic to enable individuals to participate in web3 using just their phone numbers.

Kenetic led the pre-seed round. Other investors include CMT Digital and Flyover Capital.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Blockchain agnostic connectivity layer Redeem has raised $2.5 million to enable individuals to participate in web3 using just their phone numbers.

"We have not yet really gotten to peer-to-peer NFTs," Rush said."I love the concept. I don't know how we're gonna handle that piece." "Near-term roadmap, you can configure what you want your default wallet to be," Rush said."And it would simply route the appropriate NFT to the wallet that you've chosen."The startup hasn't yet integrated with any wallet providers and is currently using its own wallet. Integrations will be customer driven.

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